DFX Intelligence
Nalanda India Fund Limited
As of · the latest observation of this vehicle; each figure below carries its own filing date
UnknownFundraising status unknownADV: Private Equity Fund
As of · the latest observation of this vehicle; each figure below carries its own filing date
2 additional principals, 2 additional placement agents
Every relationship, signal and contact on this record, with the source on each.
Includes 3 days of DFX Intelligence. Then $199/month unless canceled.
What matters now
- -50%reported GAV
Reported gross assets fell from $1.73B to $871M between the Form ADV filings of 5 Mar 2024 and 11 Mar 2026.
The fund's assets as the adviser swears them, never its size or dry powder.
Drawing the relationship network…
Amounts, each with its basis
- Vintage
- unknownno dated first sale or first report yet
- Target
- unknownnot announced
- First close
- unknownnever inferred from a Form D
- Final close
- unknownonly from an announcement or an LP disclosure
- Announced size
- unknown
- Form D offering
- $199Mwhat may be sold, not what was raised; joined by exact issuer name, corroborated by a person on the adviser's roster named on the filing, the adviser itself named on the filing, the general partner the adviser swears for this fund, the filing's signer sitting on the adviser's roster, not sworn by the adviser (confidence 0.85); file 021-277820, 021-295699
- Form D sold
- $0as of the filing of Sep 29, 2017
- First sale
- unknown
- Reported GAV
- $871Mon the Form ADV filed Mar 11, 2026; the fund's assets, never its size or dry powder
- Owners (ADV)
- 33
- Reported on ADV
- Mar 29, 2012 to Mar 11, 2026
Fundraising evidence
What counts as raisingA Form D offering is permission to sell, not a fund in market; an amount sold is never a close; an evergreen offering amended every year is not a raise.Unknown
latest Form D 2017-09-29, older than 15 months (fr-1)
evidence dated Sep 29, 2017.
Lifecycle
Unknown
Lifecycle
no vintage and no recent Form D
first sale: n/avintage year: n/aadv gav as of: Mar 11, 2026vintage basis: n/aform d sold: $0form d offering: $199Mform d latest filed at: Sep 29, 2017
The fund's own reporting through time
14 Form ADV filings
| Filed | Type | Gross asset value | Owners | Min. investment | Adviser-owned | Audit | |
|---|---|---|---|---|---|---|---|
| Mar 29, 2012 | Private Equity Fund | $354M | 38 | $500,000 | 1% | yes | |
| Feb 5, 2013 | Private Equity Fund | $354M | 38 | $500,000 | 1% | yes | |
| Mar 12, 2014 | Private Equity Fund | $616M | 38 | $500,000 | 1% | yes | |
| Feb 17, 2015 | Private Equity Fund | $1.0B | 38 | $500,000 | 1% | yes | |
| Feb 3, 2016 | Private Equity Fund | $1.1B | 35 | $500,000 | 1% | yes | |
| Feb 20, 2017 | Private Equity Fund | $990M | 54 | $500,000 | 1% | yes | |
| Mar 27, 2018 | Private Equity Fund | $1.5B | 49 | $500,000 | 1% | yes | |
| Mar 12, 2019 | Private Equity Fund | $1.4B | 49 | $500,000 | 4% | yes | |
| Mar 27, 2020 | Private Equity Fund | $1.2B | 49 | $500,000 | 4% | yes | |
| Feb 23, 2021 | Private Equity Fund | $1.4B | 49 | $500,000 | 4% | yes | |
| Feb 4, 2022 | Private Equity Fund | $1.8B | 49 | $500,000 | 4% | yes | |
| Mar 24, 2023 | Private Equity Fund | $1.5B | 49 | $500,000 | 4% | yes | |
| Mar 5, 2024 | Private Equity Fund | $1.7B | 41 | $500,000 | 11% | yes | |
| Mar 11, 2026 | Private Equity Fund | $871M | 33 | $500,000 | 11% |
Principals and agents
5 principals on Form D, 0 placement agents
- Husayn Sassa Director
- Nalanda Capital Pte Ltd Promoter
- Chandrasekhara Lutchmiah Director
Service providers
5 named on Form ADV Schedule D and Form D
- AuditorEY · EBENE, MauritiusForm ADV filed Mar 11, 2026 reports.adviserinfo.sec.gov
- AdministratorApex Group · GRAND CAYMAN, Cayman IslandsForm ADV filed Mar 11, 2026 reports.adviserinfo.sec.gov
- AdministratorIQ-EQ · PORT-LOUIS, MauritiusForm ADV filed Mar 11, 2026 reports.adviserinfo.sec.gov
Limited partners and their reported performance
Whose numbers these areEach row is the LP’s own number: its cash flows and its valuation policy as of its reporting date, not the fund’s. Net IRR is printed only when the LP prints one. The vintage is the LP’s definition (CalPERS: year of its first cash flow; WSIB: year of its initial investment).0 public LP reports
No public LP has reported this vehicle. The LP tape is read from public pension disclosures (see Limited partners); a fund appears here only when an LP’s report names it.
Known LPs and allocators
What these amounts and dates areA commitment date prints only when the source printed one; otherwise the row carries the date of the report that listed it. A foundation’s 990-PF line is a holding at fair value on its return, never a commitment.0 relationships, public pensions and the allocator graph, each counted once
No allocator names this vehicle in a public disclosure DFX holds: pension reports, foundation 990-PF returns or endowment disclosures.
Investments attributed to this vehicle
0
No investment attributed to this vehicle. The firm’s investments sit on the firm; a fund gets one only when a source names the vehicle.
Timeline
3 events
- Sep 29, 2017Nalanda India Fund LTD filed Form D: no sales yet of $199,000,000, Other Investment FundForm D filed Fact Form D
- Jan 6, 2017Nalanda India Fund LTD filed Form D: no sales yet of $30,000,000, Other Investment FundForm D filed Fact Form D
- Mar 29, 2012Nalanda India Fund Limited first reported on Form ADV by Nalanda Capital (Private Equity Fund), GAV $353,570,992Fund first reported on Form ADV Fact Form ADV
Evidence
26 observations
Every observation on this vehicle
- Entity type: Limited Liability Company Sep 29, 2017 Fact Form D
- Entity type: Limited Liability Company Jan 6, 2017 Fact Form D
- Form D fund type: Other Investment Fund Sep 29, 2017 Fact Form D
- Form D fund type: Other Investment Fund Jan 6, 2017 Fact Form D
- Form D industry group: Pooled Investment Fund Sep 29, 2017 Fact Form D
- Form D industry group: Pooled Investment Fund Jan 6, 2017 Fact Form D
- Amendment: false Sep 29, 2017 Fact Form D
- Amendment: false Jan 6, 2017 Fact Form D
- Incorporated: overFiveYears Sep 29, 2017 Fact Form D
- Incorporated: overFiveYears Jan 6, 2017 Fact Form D
- Jurisdiction: Mauritius Sep 29, 2017 Fact Form D
- Jurisdiction: Mauritius Jan 6, 2017 Fact Form D
- Amount sold (Form D): $0 Sep 29, 2017 Fact Form D
- Amount sold (Form D): $0 Jan 6, 2017 Fact Form D
- Offering amount (Form D): $199M Sep 29, 2017 Fact Form D
- Offering amount (Form D): $30.0M Jan 6, 2017 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Sep 29, 2017 Fact Form D
- Exemptions: 06b, 3C, 3C.7 Jan 6, 2017 Fact Form D
- Investors (Form D): 0 Sep 29, 2017 Fact Form D
- Investors (Form D): 0 Jan 6, 2017 Fact Form D
- Minimum investment (Form D): 1,000,000 Sep 29, 2017 Fact Form D
- Minimum investment (Form D): 750,000 Jan 6, 2017 Fact Form D
- Securities offered: pooled Sep 29, 2017 Fact Form D
- Securities offered: pooled Jan 6, 2017 Fact Form D
- Office address: Sep 29, 2017 Fact Form D
- Office address: Jan 6, 2017 Fact Form D
Relationships across DFX
on 3 other DFX graphs
Across the graphs
Nalanda India Fund Limited is the same institution as 3 records in Allocators, Private Equity and RIA and Wealth.
Allocators1Private Equity1RIA and Wealth1
DFX found 3 relationships across 3 datasets
Which record it is in each graph, what it is called there, and how the two were matched.
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Record history
3 dated events on the change ledger, latest event first
- Form D filed2017-09-29source on record
- Form D filed2017-01-06source on record
- Fund first reported on ADV2012-03-29source on record
The ledger records every merge, rename and reclassification this record went through and the dated filings observed on it, so the identity on this page can be traced to the records it was built from. The ledger's own sentences name other records, so they show with the names.